Common use of Time Commitment Clause in Contracts

Time Commitment. Executive will devote Executive’s time, attention and energies to the performance of his duties and responsibilities under this Agreement. Executive may not be associated with, consult, advise, work for, be employed by, contract with, or otherwise devote any of Executive’s time to the pursuit of any other work or business activities that may interfere with the performance of such duties and responsibilities. The foregoing shall not preclude Executive from devoting reasonable time to the supervision of his personal investments, civic, charitable, educational, religious and similar types of activities, speaking engagements and membership on other boards of directors, provided such activities do not interfere in any way with the business of the Company; and provided further that, Executive cannot serve on the board of directors of more than one publicly-traded company without the written consent of the Board. The time involved in such activities shall not be treated as vacation time. Executive shall be entitled to keep any amounts paid to him in connection with such activities (e.g., director fees and honoraria).

Appears in 6 contracts

Samples: Employment Agreement (Plato Learning Inc), Employment Agreement (Plato Learning Inc), Employment Agreement (Plato Learning Inc)

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Time Commitment. Executive will devote Executive’s time, attention and energies to the performance of his duties and responsibilities under this Agreement. Executive may not be associated with, consult, advise, work for, be employed by, contract with, or otherwise devote any of Executive’s time to the pursuit of any other work or business activities that may interfere with the performance of such duties and responsibilities. The foregoing shall not preclude Executive from devoting reasonable time to the supervision of his personal investments, civic, charitable, educational, religious and similar types of activities, speaking engagements and membership on other boards of directors, provided such activities do not interfere in any way with the business of the Company; and provided further that, the Executive cannot serve on the board of directors of more than one publicly-traded company without the written consent of the Board. The time involved in such activities shall not be treated as vacation time. The Executive shall be entitled to keep any amounts paid to him in connection with such activities (e.g., director fees and honoraria).

Appears in 4 contracts

Samples: Employment Agreement (Plato Learning Inc), Employment Agreement (Plato Learning Inc), Employment Agreement (Plato Learning Inc)

Time Commitment. Executive will devote Executive’s 's time, attention and energies to the performance of his duties and responsibilities under this AgreementExecutive Services. Executive may not be associated with, consult, advise, work for, be employed by, contract with, or otherwise devote any of Executive’s 's time to the pursuit of any other work or business activities that may interfere with the performance of such duties and responsibilitiesExecutive Services hereunder. The foregoing shall not preclude Executive from devoting reasonable time to the supervision of his Executive's personal investments, civic, charitable, educational, religious and similar types of activities, speaking engagements and membership on other boards of directors, provided such activities do not interfere in any way with the business of the Company; and provided further that, the Executive cannot serve on the board of directors of more than one publicly-traded company without the Chief Executive Officer's written consent of the Boardconsent. The time involved in such activities shall not be treated as vacation time. The Executive shall be entitled to keep any amounts paid to him Executive in connection with such activities (e.g., director fees and honoraria).

Appears in 2 contracts

Samples: Employment Agreement (Plato Learning Inc), Employment Agreement (Plato Learning Inc)

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Time Commitment. Executive will devote Executive’s time, attention and energies to the performance of his her duties and responsibilities under this Agreement. Executive may not be associated with, consult, advise, work for, be employed by, contract with, or otherwise devote any of Executive’s time to the pursuit of any other work or business activities that may interfere with the performance of such duties and responsibilities. The foregoing shall not preclude Executive from devoting reasonable time to the supervision of his her personal investments, civic, charitable, educational, religious and similar types of activities, speaking engagements and membership on other boards of directors, provided such activities do not interfere in any way with the business of the Company; and provided further that, the Executive cannot serve on the board of directors of more than one publicly-traded company without the written consent of the Board. The time involved in such activities shall not be treated as vacation time. The Executive shall be entitled to keep any amounts paid to him in connection with such activities (e.g., director fees and honoraria).

Appears in 1 contract

Samples: Employment Agreement (Plato Learning Inc)

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